President Donald Trump on Monday said he has fired Federal Reserve Governor Lisa Cook, according to a letter addressed to her posted on his social media — the first instance of a president firing a central bank governor in the central bank’s 111-year history.

President Trump announced he’s removing the Biden-appointed Fed Governor over alleged mortgage fraud, though critics say the move is politically motivated.

When Cook was an academic, she bought two properties in 2021 - one in Georgia and one in Michigan. The mortgage documents for both said they were each her primary residence - a de